Muscat- headquartered National Finance has provided funding to Sheida Industries, Oman’s first solar panel manufacturer, to support its operations and raw material procurement. Located in Sohar Industrial Area, the 100% Omani-owned company operates a state-of-the-art facility spanning 11,250 square meters. The funding aligns with Oman’s Vision 2040 and Net Zero 2050 goals, enabling Sheida Industries to meet the growing demand for solar panels fueled by national projects like Manah I & II and Ibri III Solar IPPs. This partnership underscores National Finance’s commitment to Oman’s renewable energy transition and sustainability initiatives.
National Finance backs Sheida Industries’ solar manufacturing initiative
National Finance’s support enables Sheida Industries to meet Oman’s solar panel needs for major renewable projects. (Image Source: Zawya)
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